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Latvia GDP

Latvia has the 96th largest economy in the world . The gross domestic product (GDP) of Latvia is $27.04 (USD Billion) and its growth was 1.89% from 2014 to 2015. Its highest GDP was recorded in 2008 and its average GDP in the last 10 years is $28.26 (USD Billion).

Latvia GDP per capita is $13,664.94 (USD). However, when factoring in purchase power parity (PPP), it becomes $24,286.15 (USD), making it the 51st richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $20,091.06 (USD).

GDP Of Latvia Per Year

Latvia's GDP & Other Economic Statistics

Latvia GDP Current Previous Highest Unit
GNI per capita, PPP 24,220.00 23,510.00 24,220.00 International $
GNI, PPP 47.91 46.87 47.91 International $ Billion
GNI 26.96 31.23 34.71 USD Billion
GDP per capita, PPP 24,286.15 23,547.98 24,286.15 International $
GDP per capita growth 2.68 3.33 12.93 %
GDP per capita 13,664.94 15,692.19 16,323.77 USD
GDP growth 1.89 2.36 11.90 %
GDP 27.04 31.29 35.54 USD Billion
Gross domestic savings 6.64 6.32 7.91 USD Billion
Services, etc., value added 20.34 19.58 23.16 USD Billion
Industry, value added 6.48 6.37 7.84 USD Billion
Manufacturing, value added 3.37 3.37 3.46 USD Billion
Agriculture, value added 905.28 913.20 1,056.67 USD Million
Gross fixed capital formation 7.16 7.02 11.40 USD Billion
Tax revenue 13.99 13.22 14.78 % of GDP
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Latvia – current values and historical information. The information was last updated 2016.

GDP Of Latvia vs. Other Countries

Rank Country GDP (USD Billion), 2015
91 Bahrain 32.22
92 Cameroon 29.20
93 Libya 29.15
94 Trinidad And Tobago 27.81
95 Paraguay 27.62
96 Latvia 27.04
97 Uganda 26.37
98 El Salvador 25.85
99 Estonia 22.69
100 Zambia 21.20
101 Nepal 20.88
The GDP of Latvia is tabulated by govermental institutions and was last updated on May 9th, 2017.